Q: insurance company doesnt disclose policy info to DMV when asked to do so. Ch 5.4 Proof of coverage disclosure Penalty?
A:
Under California law, insurance companies are required to disclose proof of coverage information to the Department of Motor Vehicles (DMV) when requested to do so. Failure to disclose this information can result in penalties under Chapter 5.4 of the California Vehicle Code.
Specifically, an insurance company that fails to provide proof of coverage information to the DMV can be subject to penalties of up to $14,000 per violation. In addition, the DMV may also take administrative action against the insurance company, which could include suspension or revocation of the company's license to do business in California.
It is important for insurance companies to comply with California's proof of coverage disclosure requirements to avoid potential penalties and administrative action.
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